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MAYBE IT'S TIME TO MAKE THAT MOVE!
Posted by V.K. [Mel] Melhado P.A. on Monday, August 11th, 2008 at 2:36pm.Life is good these days for greater Naples Real Estate and it’s getting better!
Last week was a good week…the FED stood still with the interest rates and basically held the line for the 3rd straight meeting and undoubtedly that had to do with inflation now sitting at 2.3% above the FED’s desired range of 1% to 2%. That untimately may lead to a hike in the rate in the near future. But still…it was good.
More and more the experts are sending signal that they believe the housing market has bottomed or has neared the bottom and they are expecting it to bounce back soon. Personal incomes are high, the interest rates are still very attractibve and the housing prices remain low.
Naples was also named one of the top ten places in the country to retire and live. There also was a great article in USA Today about Naples titled Life On Vacation: Your Slice Of Paradise Coast.
All is good in paradise and getting a lot better!
V.K. [Mel] Melhado PA
Downing-Frye Realty, Inc.
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